By mandating an even higher minimum, the living wage prices even more people out of work. The people who push these cockamamie ideas never seem to ask why any employer would hire someone at $8.23 if that person's services are only valued in the marketplace at, say, $5.00.
Lawrence W. Reed. “‘Living Wage’ Law Is Public Policy at Its Worst.” Mackinac Center for Public Policy.
Monday, May 3, 1999
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